The Shake Up

Well… I did it. I liquidated my entire portfolio except for DIVO, then consolidated and simplified everything. I optimized for tax efficiency so that my real return at the end of the year is higher. Here’s where I landed.

I did as much research as I could, but it still felt like a leap of faith to go from a portfolio that I knew was working, but wasn’t efficient, to one I had not tested yet. It was no small amount of money and I will take a tax hit at the end of this year, but I wanted to make the change before it got even bigger.

In addition to the reallocation, I used the $5,000 from a side hustle I made in November to boost it even further. This brings me to over $170 a month in passive income based on the last reported dividends. I know it will fluctuate, but I believe this portfolio will still allow for some growth and get me close to 8% to 10% real return with the tax advantages.

It also free’s up more of my time. And the timing worked out in my favor because I still got a lot of dividends paid out from my previous holdings as well as these new holdings.

In the meantime, I’ve continued updating my income page once per week because I realized that was easier in bite-sized pieces, but I won’t make any purchases until the end of each month instead of once a week.

Going into my 4th full year of this project is an insane milestone, so it was time for a change.